Write a Risk Identification Report. Review the scenario information, as well as the Risk Management Policy and Procedures. Then develop an initial list of risks, based on the process outlined in the Policy and Procedures to discuss at a meeting with your Manager (your assessor). You are required to document all human resources risks associated with the expansion. As a guide, this should be at least five risks. As set out in the Policy and Procedures, develop a short report on the context for the risk management process as well as the risks you have identified. For each of the risks that you identify, suggest potential treatment measures for discussion, including the strengths and weaknesses of measures of each for discussion at the meeting. Use the Risk Identification Report Template to guide your work. As you are also required to consider not only risks in your own area, but also to identify more than two risks associated with the expansion to the business as a whole. You will need to discuss this at the meeting with your Manager so that you can be referred to the relevant area. Prior to the meeting, review also the Risk Register that you will need to complete and familiarize yourself with risk assessment, including assessing the severity and likelihood of a risk, and overall risk rating.

case study

NatureCare Products is an Australian company based in Brisbane. The company commenced business in 1996 and manufactures and eco-friendly, high quality beauty skin care products. The business was established to cater for a growing demand for skin products that contain eco-friendly and natural ingredients. There is also an emphasis on eco-friendly packaging. The company sells its products in health food shops across the country, as well as on-line through its own web site. The company targets customers that want high quality, eco-friendly products. Market research has identified that around 70% of customers are professional women aged 25 to 55. The company currently has a small range of products that include: Cleansing creams to soothe skin during make-up removal. Primary ingredients include Shea butter to nourish the skin and plants extracts that are also rich in essential oils with regenerating and antiinflammatory properties. This product will be for delicate and mature skins and could also be used as a baby cream. Multi Protection Day Moisturizing Creams for dry to normal skin types that help protect the skin during the day and includes Shea butter and extracts from fragile green algae that provides hydrating and protective properties. Regenerating facial scrub to clean off dead skin cells to promote regeneration of healthy new cells. This product will be used for most skin types. The strategic objectives of the company are to increase market share by 20% At a recent board meeting the two company shareholders and the CEO discussed options for expanding the business and have decided to establish a chain of retail outlets in central Sydney, Brisbane and Melbourne within the next six months. The company is also currently developing more products focusing on a range of products to meet particular skin needs rather than a one-size fits all. The new products are timed to be ready for sale at the same time as the opening of the new retail outlets. As part of the expansion planning process, the CEO has asked each team leader to identify risks associated with their area. As the Operations Team Leader (reporting to the General Manager) with responsibility for human resources, it is your responsibility to identify human resources risks associated with the expansion of the company. You are also required to consider other risks associated with the expansion to the business.